Foundation for Numismatic Education, Inc. Correspondence, 1981-1985

FOUNDATION FOR NUMISMATIC EDUCATION, INC

A M. Kagin,

CHAIRMAN-OF-

THE-BOARD

910 Insurance Exchange Bldg
Des Moines, Iowa 50309

A Kosoff,

PRESIDENT

P.O Box 4009

Palm Springs, CA 92262

Donald H Kagin,

EXECUTIVE

VICE-PRESIDENT

1000 Insurance Exchange Bldg
Des Moines, Iowa 50309

Sanford J Durst,
VICE-PRESIDENT

133 E 58th St.

New York, New York 10022

Eldridge Jones,

TREASURER

Box 6266

Washington, D C 20015

Maurice Rosen,

SECRETARY

P.O Box 231

E Meadow, New York 11554

Dear Numismat

i s t :

The Foundation will have

its Annual

Meet i ng

at the A.N.A.

Convention

in Detroit

•

The Meeting w

ill take pi

ace on July

31 ,

Tuesday, at 9

AM , in the

Nicollet Room-A,

at the Westin

Hotel .

Directors:

Walter Breen

Noted numismatic scholar . i • i r

Charles e Weber New projects and ideas to further the aims

Professor, Umv of Tulsa

Douglas B Ball .

President NASCA Researchers OT the Foundation Will be disCUSSed.

Richard S Yeoman

Noted Author of Guidebook

Margo Russell

Editor Coin World

Chester Krause

Publisher, Numismatic News

Kenneth E Bressett

Vice-President Kagin's Numimatics

Yasha Beresiner

Noted authority on World Currency

Miguel Munoz

Noted Authority on Mexican Coinage

Sec reta ry

Regional V. Presidents: MR/eb

David L Canz

Numismatic Columnist

lohn ) Pittman

Past President ANA & CNA

Q David Bowers

Past President P N.C, Columnist

N. Neil Harris

Editor. The Numismatist

William Buerger

Noted Numismatist

Amon Carter, Jr

Noted Numismatist

Adm O H Dodson

Past President ANA

Maurice Rosen

Numismatic Financial Advisor

Eldridge Jones

Past Board Member ANA

*

A Not-For-Profit Corporation Dedicated to the Furtherance of the Science of Numismatics Through Education

FOUNDATION FOR NUMISMATIC EDUCATION, INC

A M. Kagin,

CHAIRMAN-OF-

THE-BOARD

910 Insurance Exchange Bldg
Des Moines, Iowa 50309

A. Kosoff,

PRESIDENT

P O Box 4009

Palm Springs, CA 92262

Donald H Kagin,

EXECUTIVE

VICE-PRESIDENT

1000 Insurance Exchange Bldg
Des Moines, Iowa 50309

Sanford J Durst,
VICE-PRESIDENT

133 E 58th St

New York, New York 10022

Eldridge lones,

TREASURER

Box 6266 *

Washington, D C 20015

Maurice Rosen,

SECRETARY

P.O. Box 231

E Meadow, New York 11554

Directors:

Walter Breen

Noted numismatic scholar

Charles E. Weber

Professor, Umv of Tulsa

Douglas B. Ball

President NASCA Researchers

Richard S. Yeoman

Noted Author of Guidebook

Margo Russell

Editor Coin World

Chester Krause

Publisher, Numismatic News

Kenneth E. Bressett

Vice-President Kagin's Numimatics

Yasha Beresiner

Noted authority on World Currency

Miguel Munoz

Noted Authority on Mexican Coinage

Regional V. Presidents:

David L. Ganz

Numismatic Columnist

John J. Pittman

Past President ANA & CNA

Q. David Bowers

Past President PNG, Columnist

N. Neil Harris

Editor, The Numismatist

William Buerger

Noted Numismatist

Amon Carter, Jr

Noted Numismatist

Adm O H. Dodson

Past President ANA

Maurice Rosen

Numismatic Financial Advisor

Eldridge Jones

Past Board Member ANA

July 30, 1982

Dear Numismatist:

The 1982 ANNUAL MEETING for the Foundation

*

will be held at the S h e r a t on - B os t on Hotel on
Thursday , August 1 9 , 9*00 A . M , , i n EXETER A&B
Conference Level.

Your attendance will be most appreciated.
Please be prepared to discuss manuscripts, new
projects, and other business consistent with the
aims of the Foundation.

MR/eb

Sirycerely yours/?

A Not-For-Profit Corporation Dedicated to the Furtherance of the Science of Numismatics Through Education

FOUNDATION FOR NUMISMATIC EDUCATION, INC.

MINUTES FROM THE ANNUAL MEETING : August 1, 1979, St. Louis, A.N.A.

The Hickock Room, Stouffers Hotel.

Dear Numismatist:

Our annual meeting at the A.N.A. Convention produced encouraging
and supporting results. We are even more determined to effect the
aims of the Foundation. Importantly, the doubt that existed in the
minds of a few individuals about the success of the Foundation has
been happily replaced with confidence of our future. Here is a
summation of the minutes.

-Last year's minutes were read and accepted.

-The Treasurer's report, by Mr. E. Jones, shows a balance of
$2,665.19. Our expenses are reported as being minor. The
accounts are set up for any two officers to sign checks.

-Mr. Sanford Durst -reported that our tax-exempt status is tempo-
rary, until the Foundation is fully set up. He distributed a
brochure on the Foundation, its aims, Directors and Officers,
and our need for contributions. This brochure was widely
distributed at the A.N.A. The emphasis is on a soft, sincere
appeal, not a hard-sell approach.

-PROPOSED PROJECTS. Mr. Douglas Ball reported that our first pro-
ject need not result in profits. The crucial factor was to
produce a credible work, beyond criticism. Mr. Ball proposed
a manuscript by William G. Anderson, a Suffolk County, New
York historian. It is The American Revolution : A Descriptive
History of Fiscal Paper . Tremendous research was done on this
work, including many photographs. Mr. Ball said it could be
produced as a small book, saleable to libraries, and is
definitely a numismatic item -a Bicentennial item. Mr. Ball
further made the gracious promise to make a $1,000 contribution
towards the production of our first published work, in the form
of $500 cash, and a $500 interest-free loan. If this proposed
project is not approved, the contribution is available for a
project that will be approved.

Determination of costs will be reviewed with Mr. Durst. Mr.

Abe Kosoff, President of the Foundation, favors the proposed
project and requested that it be turned over to the Projects
Committee. Moreover, Chairman Art Kagin expressed hope that
the University of Georgia may co-sponsor the work for added
prestige .

Mr. Art Kagin declared a most generous cash donation to the
Foundation of $5,000.

Mr. Kosoff asked Mr. John Pittman to assist in fund raising,
a task Mr. Pittman is ably skilled to perform. He accepted.

PROJECTS (continued). Mr. Durst suggested contributions can be made

via the auctioning of material by contributors. Because the Foundation
is fortunate to have two fine auction firms represented here, NASCA
and KAGIN'S, the offer from them to sell such items free of any
commission is greatly appreciated. Another project is the cooper-
ative mailing of the Foundation's brochure with numismatic mailings
done by friends of the Foundation. Mr. Durst also suggested our
assistance to clubs with a slide program to be conducted with
local libraries. This will create considerable interest in numis-
matics. The Foundation would work closely with local coin clubs.
Further, the use of numismatics to teach history in school was
mentioned by Mr. Durst, especially interesting for geography.

Col. Bill Murray said that such coins used need not be expensive.

A low grade 3d U.S. piece is fascinating enough -good for security , too .
Mr. R.S. Yeoman suggested that book materials be donated to our
local libraries instead of throwing them out.

Mr. Jack Veffer stated that the Ferguson Foundation in Canada has
a 50-50 basis of funding projects. Their Grants Committee is 4
members who act quickly, rather than waiting several months for
a general meeting to appropriate funds for a worthy project. Mr.

Kosoff, agreeing with the merits of this, established a Grants
Committee for the Foundation, the motion made and accepted. Those
now in this committee ares Adm. Dodson, Chairman, John Pittman,

R.S. Yeoman, and A. Wilde.

Treasurer E. Jones, suggested we create a certificate to give to
contributors as a show of appreciation. The Fund Raising Committee
will see to the creation of these certificates.

Publicity for the Foundation is vitally important. Various steps
for the release of the Foundation's doings will be reported to the
media. Mr. Yasha Beresiner will help with publicity in Europe.

The meeting lasted for nearly one and a half hours, with active
participation on the part of the 20 attendees.

Thank you for your interest and support to establish the Foundation
as a worthy and prideful organization for the furtherance of
numismatic education.

Respectfully submitted,

Maurice Rosen,
Secretary, F.N.E.

Address : P.0. Box 23 I

E. Meadow, NY 11554
(516) 794-0124

FOUNDATION FOR NUMISMATIC EDUCATION, INC.

A M. Kagin,

CHAIRMAN-OF-

THE-BOARD August 2, 19°3

910 Insurance Exchange Bldg
Des Moines, Iowa 50309

A. Kosoff,

PRESIDENT

P.O Box 4009

Palm Springs, CA 92262

Donald H Kagin,

EXECUTIVE

VICE-PRESIDENT

1000 Insurance Exchange Bldg
Des Moines, Iowa 50309

Sanford J. Durst,
VICE-PRESIDENT

133 E 58th St

New York, New York 10022

Eldridge Jones,

TREASURER

Box 6266

Washington, D C 20015

Maurice Rosen,

SECRETARY

P. O. Box 231

E. Meadow, New York 11554

Directors:

Walter Breen

Noted numismatic scholar

Charles E. Weber

Professor, Univ. of Tulsa

Douglas B Ball

President NA5CA Researchers

Richard S. Yeoman

Noted Author of Guidebook

Margo Russell

Editor Coin World

Chester Krause

Publisher, Numismatic News

Kenneth E Bressett

Vice-President Kagin's Numimatics

Yasha Beresiner

Noted authority on World Currency

Miguel Munoz

Noted Authority on Mexican Coinage

Regional V. Presidents:

David L Canz

Numismatic Columnist

John J Pittman

Past President ANA & CNA

Q. David Bowers

Past President P N G , Columnist

N. Neil Harris

Editor, The Numismatist

William Buerger

Noted Numismatist

Amon Carter, Jr

Noted Numismatist

Adm O H Dodson

Past President ANA

Maurice Rosen

Numismatic Financial Advisor

Eldridge Jones

Past Board Member ANA

Dear Numismatist:

The 1983 ANNUAL MEETING for the Foundation
will be held Fr i day , August 19 > at 9 A.M . , in
the Committee Room at Convention Center , San Diego,
the site of the A.N.A. Convention.

Your attendance will be most appreciated.
Please be prepared to discuss manuscripts, new
projects, and other business consistent with the
aims of the Foundation.

Sincerely yours.

Secretary

MR/ eb

A Not-For-Profit Corporation Dedicated to the Furtherance of the Science of Numismatics Through Education

FOUNDATION FOR NUMISMATIC EDUCATION , INC.

MINUTES FROM THE ANNUAL MEETING : August 20, 1980, Cincinnati, Ohio,

A.N.A., Stouffer's Towers

- Meeting called to order at 10:15 A.M.

- Last year's minutes were read and accepted.

- The Treasurer's report, by Mr. Eldridge Jones, was read. It showed
a total cash balance of $8,430.42 as of July 31, 1980.

- PROJECTS : Douglas Ball reported on the William Anderson work,

The American Revolution : A Descriptive History of Fiscal Pa pe r .

In order to facilitate consideration of proposed projects, Doug
requested that all material be in reasonably final form. Neil Shaeffer
offered a work on Chinese paper money.

Maurice Rosen proposed a project envolving a coin grading guide.
Concentrated heavily on coins in or near Mint State (plus proofs) ,
the book's purpose would be to offer the reader assistance for the
determination of these crucial grades. In support of the project,
Kenneth Bressett took serious objection with the newly announced
A.N.A. bracketed grading categories. Dr. C. Weber questioned the
intent of the book, if it would be consistent with the Foundation's
scholarly aims. Kam Ahwash announced he was working on a grading book
for Liberty Seated coinage. Sandy Durst viewed the project causing
problems which we should avoid. The proposed project was rejected,
with the hope that a revision of the A.N.A. Grading Book would help
to lessen the current confusion.

Bill Fivaz offered blown-up slides of most U.S. coinage types for
discussion groups. They were used on the Colorado Springs seminar
and most favorably received.

Sandy Durst suggested the Coin World dealer mailing list of 7,000
be solicited for patrons/contributions.

Col. Bill Murray volunteered to handle publicity releases in the
U.S. for the Foundation.

David Davis is 3/4 finished on a die variety study of 1796-1807
U.S. dimes. He will submit it to Doug Ball.

Arthur Fitts proposed a pamphlet on the conduct of coin conventions.

He believes more attention should be shown for educational pursuits,
exhibits and forums. Art Kagin suggested a tour guide of exhibits
for local schools. Dr. Weber suggested a separate entrance to exhibits
at a convention. Doug Ball suggested the entrance should first lead
to exhibits, then the bourse. Sandy Durst suggested the Foundation
should have a hospitality table at shows, with patrons contributing
time to man the table.

Eldridge Jones stated that stationery for the Foundation is needed,
especially to create an impressive receipt for contributions.

Doug Ball offered to pay the bill. Sandy Durst will prepare all
materials .

The meeting was adjourned at 12:00.

Thank you for your interest and support to establish the Foundations as
a worthy and prideful organization for the furtherance of numismatic
education.

Secretary, F.N.E.

Address: P.O. Box 231

E. Meadow, NY 11554

(516) 794-0124

FoundationNews

THE MAGAZINE OF PHILANTHROPY

1828 L STREET, NW
WASHINGTON, DC 20036
(202) 466-6512

Mr. Eric P. Newman
Pres ident

Newman Numismatic Education
Society

6450 Cecil Avenue
St. Louis, Missouri 63105

Dear Mr. Newman:

I am writing a series of articles on operating foundations
for Foundation News , and I would like to solicit your assistance
in learning more about this important segment of philanthropy.
Specifically, I ask you to supply me with background information
and descriptions of current activities of your operating
foundation .

Foundation News is the award-winning bimonthly magazine of
the Council on Foundations, which is the national association of
about 1,000 leading independent, corporate, community, operating,
public, and international foundations. My two articles on
operating foundations are scheduled to run this summer and early
next fall.

I am most interested in the great diversity of activities
that characterize operating foundations, a subject about which
relatively little has been written. I want to capture the flavor
of the story of operating foundations, which run homes for the
blind and aged, art museums, and musical festivals; maintain
libraries and other civic facilities; offer scholarships; and
generally benefit their communities in an amazingly wide range of
ways .

My request is for a
an annual report of the
annual operating plan, a
brochure, or whatever el
total assets of your fou
not finances.

ny information that you can provide me
foundation, a memorandum of purpose or
newsclipping about the foundation, a
se you have. I am interested in the
ndation, but my focus is on activities

an

- 2 -

Operating foundations are entering an important new era as a
potential major force in American philanthropy, and part of my
purpose is to examine the institution of operating foundations as
they enter this era. I hope that you can assist me in this ^
important venture. Any mention that I make of your foundation,
or quotations that I use from your material, will be read to you
over the telephone before publication i n order to check the
accuracy of the facts.

Thank you for your assistance.

Sincerely,